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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Sudhir Khanna who wrote (8673)10/22/1998 1:18:00 PM
From: Chas.  Respond to of 26850
 
Sudhir..... Thanks much for the Dr Bob info.....it certainly adds a touch of credibility to the story...Your 10/21 Wsp update was, as usual, a very inciteful piece....your feel that the NW dyke may eventually yield 20 million tons of ore is most intriguing. I feel that being one of your subscribers definitely gives me an almost unfair advantage regards the Wsp play as well as the others you comment on. Keep up the good work. Looking forward to your next news release. Regards...chuck



To: Sudhir Khanna who wrote (8673)10/22/1998 2:10:00 PM
From: Famularo  Read Replies (1) | Respond to of 26850
 
Kaiser says Snap Lake resource gets a boost

Winspear Resources Ltd WSP
Shares issued 32,806,333 Oct 21 close $1.62
Thu 22 Oct 98 In the News
John Kaiser, writing in an Oct. 20, 1998 Bottom-Fish Tracker, says the
price of Winspear Resources, then $1.76, has been boosted by a growing
realization that there may be much more to the Snap Lake diamond prospect
than was thought previously. Mr. Kaiser most recently recommended the stock
on Oct. 7 at $1.13, while four earlier recommendations range from a high of
$3.61 in February 1997 to a low of 52 cents in June 1998. In the current
report, the California stock picker says buried in Winspear's recent
technical assessment was significant news that the Snap Lake dyke system
exists north of Snap Lake and more than two kilometres east of a known
outcrop on the northwest peninsula. As a result, this dyke system, which
before held the possibility of hosting an economic dyke-style mine, may
contain at least five to 10 million tonnes of kimberlite -- and possibly
much more. Mr. Kaiser adds that his previous $5 to $10 target could simply
become a stepping stone to much higher prices.

I also agree with Chuck, your material is good reading...



To: Sudhir Khanna who wrote (8673)10/22/1998 4:30:00 PM
From: Taz  Read Replies (2) | Respond to of 26850
 
Sudhir:

Glad to see that someone is picking up on that clue. I mentioned it in my post #8426 and it didn't seem to generate much chatter.

Would love to hear from more of the professional (geological that is) persons on board this thread to hear what they think.

Chucks nightmarish premonitions may have some credence eh!?

It would not be out of line for the company to comment on such theoretical speculation as long as it is identified as such. I'm know we've all seen a whole lot worse in many other NR from much less credible companies and individuals.

L8er,
Regards,
TAZ